Minister: Iceland Should Join EU

By

Charles Duxbury

Jan. 21, 2013 6:12 a.m. ET

REYKJAVIK—Iceland needs to join the European Union and adopt the euro because it would give the country an economic boost and expand its influence in decision-making, its finance minister said in an interview.

"We need to be a member," Katrin Juliusdottir said in a cafe located in the island nation's capital city late Friday. "We would be a sovereign nation working with other sovereign nations on our future, working...